FLC 0.00% 8.9¢ fluence corporation limited

Good to see we're all keeping our heads, and not turning on each...

  1. 1,751 Posts.
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    Good to see we're all keeping our heads, and not turning on each other!

    429 million shares full diluted, at 88.5c, gives Fluence a market cap of $380m presuming a halt before the open. Since Emefcy pre-merger announcement was over MC $200m this (admittedly very simplistic way of looking at it) gives the RWL Water component a rough value of max $180m. This is a company growing at 30% with $120m revenue in 2017 and who bring strong business, and even political, influence with a global footprint of 7000 installations. Bargain, imo.

    Whatever happens the SP after today, i'd urge people to take the long-term view. Today Emefcy's strategy becomes Fluence's strategy. We will attack the China opportunity first and foremost, with everything we have. This timely opportunity can make Fluence a massive new water solutions giant specialising in the fastest-growing sector of the world water market - the decentralised market. It can make us a multi-billion dollar company in the years, but not months, to come.
 
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